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20121210
20121210
Search Results 0 to 15 of about 16 (some duplicates have been removed)
♪ >> battle ground michigan. bailout taxes, yes, the wolverines state set a stage today. item one, four hours from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] brea
to "america live," everyone, i'm megyn kelly. the president is in detroit, michigan, at this hour touring a daimler auto plant. the appearance is part of an attempt to pressure republicans to accept his plan to both raise taxes and add billions in new stimulus spending. but literally just a few miles away an embarrassing story is developing with a company the taxpayers put a lot of dough into. it's called a123. that's a car battery maker. they supply batteries for electric cars. that filed for bankruptcy after burning through almost $200 million of your stimulus money. here is the president praising that company in happier times. [applause] >> i am calling to congratulate a123 systems on this tremendous milestone. as you said, thanks to the recovery act, you guys are the first american factory to start high-volume production of advanced vehicle batteries. megyn: well, today we're learning that this battery company is being purchased by the chinese. that same company that burned all that stimulus money is now in the hands of the people who loaned us some of the money that the federal gover
and labor unions. michigan is set to be a right to work state. kelley? >> good morning steve, brian and gretchen. when he speak in michigan today. president obama will be stepping in the middle of i awe heated debate between unions and those who want to make michigan a right to work state. >> hundreds of union workers responding to the republican legislatures push to make michigan the 20th right to work state in the nation. gop lawmakers are expected to pass it. governor rick snyder once called the legislation divisive is backing the plan. >> this is somely focused on their relationship. shouldn't they have an opportunity to belong or not? it is good for economic development for more jobs coming to michigan. >> union workers disagree and argue that mish mishh was built on unions and clam that the gop majority legislature is attacking the middle class. >> it is important. they will try to reconcile the bills and the governor who didn't want the legislation is signing. we'll not stand for it >> over the weekend they continued to prepare members for staging demonstrations against did t
and former rnc chairman the notorious michael steele. in a few minutes president obama will land in michigan where he will begin touring and delivering a speemp at an engine manufacturing plant. it is the next stop on the great reasonableness tour of 2012 calling for tax hikes on the rich and meeting with working class, ordinary americans rather than beltway politicians. behind closed doors the occasionally unreasonable fiscal negotiations continue. the president met with house speaker john boehner at the white house on sunday, though aides from both sides kept mum on the details of their discussions. a new poll by politico and george washington university shows that three in five americans back raising taxes on the wealthy, which echos the results from election day and a washington post-abc news poll released recently. in the meantime, some on the right seem to have come to terms with the inevitable, including former republican senator alan simps simpson. >> if anybody out there that is "rich" doesn't think their taxes are going up, the drink is on me. >> even with reality from some in his
year. for a single 25-year-old in michigan who works for time earning $30,000 a year and going to school part time, his tax rate would stay the same at 15%, but he would lose the american education tax credit and have to pay more than $600 in payroll taxes. and even though it's weeks before the changes would take effect, the impact is already being felt because of uncertainty. 401(k) plans are taking a hit. several companies have put a freeze on hiring. and the next thing to watch for, the retail sector which makes most of its money in the final weeks of the year. >> i'm shortening down the list a lot. just doing the essentials, taking care of the priorities first, and then trying to be pennywise and not dollar stupid. >> reporter: the national retail federation did a survey that 64% of americans are of whatting closely the negotiations and a lot of consumers are take a wait and see approach, reluctant to go on a spending spree. lisa sylvester, cnn, washington. >>> a mystery in texas. reports of strange lights in the sky. some think it may have something to do with the mayan pr
. and the president heads to michigan today trying to put pressure from inside the u.s. as he tries to raise awareness of and really push republicans from outside washington to increase tax rates. >> brianna keilar, thank you, brianna. >> we'll talk with newark mayor cory booker about the cliff negotiations. >>> authorities in mexico have found the wreckage of a small plane they believe was carrying popular american banda singer jenni rivera. no survivors on the plane crash. they took off from monterrey, mexico and were heading to an airport near mexico city. the wreckage is in nuevo leon. more from rafael romo. >> jenni rivera won two billboard music awards and sold more than 50 million records in a career that spanned just over a decade. not only that, she was also an incredible businesswoman. she owned a company that created and marketed her own music. a fragrance, jeans factory and also a -- a company that manufactured and sold some of her products some of she's very well known by mexican americans in the united states and just as popular in mexico. and you can imagine this morning, soledad, many
. david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks are really
heading to michigan to rally autoworkers' support for higher taxes on the wealthy and greater investment in u.s. manufacturing. the president traveled to a suburb of detroit touring an engine plant that's announcing a $100 million expansion in production and jobs. and even as the president touted that economic bright spot, he renewed his case to extend tax cuts for 98% of americans that are due to expire at the end of the year. >> how many of you can afford to pay another $2,200 in taxes? not you? >> no! >> that's a hit you can't afford to take. and by the way, that's not a good hit for businesses either. >> the president's urgent push come as the white house and congress enter the deadline phase in their negotiations to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal.
thought the redskins were crazy when they drafted kirk cousins from michigan state. after everything they gave up to get rg3. he had that wicked knee injury. that's not good. he came back and played for a while. then he left. cousins comes in and gets it done. ties the game up with a touchdown. and then he ran in the two-point version on a quarterback draw. redskins won it in overtime. huge win for wish wish. now they're 7-6. >> willie, let's talk about, though, the backup rookie quarterback and what he did to win the game. >> unbelievable. drives them down the field. was that a designed draw, do you think? >> it was. it was a designed draw. he improvised on the touchdown pass, but the run, it was planned the whole way. he did it, he got it done and redskins win. >> what do we know about rg3 going forward? have we heard more about his injury? >> he had an mri to look at that knee. no significant ligament damage. i was told whether he can play sunday at cleveland, still up in the air. he could miss a game, but it's not a serious knee injury. >> he could miss cleveland. >> won three in
Search Results 0 to 15 of about 16 (some duplicates have been removed)